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>> welcome to the "journal" here on dw. acknowledgment, no apology -- france's president says french colonial rule in algeria was brutal. >> the united nations warns that the fighting in syria is becoming a sectarian war as yet more islamist fighters arrived from abroad. >> it is 200 years since the grimm brothers' first published stories that continue to bring trembling and joy into children's lives -- the grimm brothers first published stories that continue to bring trembling and joy into children's lives. the french president is in algeria to commemorate that country's 50th anniversary of independence from france following a bloody war that cost 1.5 million algerians and tens of thousands of french their lives. >> hollande praised algeria's steps toward democracy as paris looks to deepen economic ties with the oil-rich former french colony in north africa. >> enthusiastic crowds greeted the french president as he walked the streets of the capital algiers. despite his security, many onlookers even got a chance to shake hollande's hand, seemed unconcerned by the bitter histor
against the dollar, trading at a value of $1.3175. >> turning to france now where the economy is set to show minimal growth in first half of next year, according to the french national statistics institution, who predict a rise of 0.1%. >> france's economy also barely grew over the course of this year, but in what many analysts see as overly optimistic, paris has set a growth target of 0.8% for 2013 and says it is still confident it can cut its deficit to below the you-mandated level. a german power utility is cutting 1300 jobs as part of a 750 million euro cost-cutting program. >> it is germany's third biggest power company. most of the job losses will be among support and administrative staff. the company has struggled financially from having to shut down to below of its nuclear reactors over safety fears in the wake of the fukushima disaster. >> ratings agency standard and poor's has downgraded cypress again. its sovereign debt already has junk status. now it has gone down two more notches. >> cypress says it needs a decision on an international bailout within days to avoid a defa
last week. >> the president of the central african republic has appealed to france and the u.s. for help against a rebel coalition that has vowed to topple his government. france has declined to intervene against the rebels who have already taken several towns and are now advancing on the capital. >> heavy snow has paralyzed large parts of eastern canada. in montreal, traffic came to a virtual standstill. police are telling people to stay at home, as some areas are expected to receive almost half a year of additional snow. well, we are going to a short break. after we come back, we will look at europe's crisis year 2012. >> we will find out how it will be a year to forget for one of germany's top swimmers. stay with us. >> welcome back. in just three days' time, we will be seeing up the old year and welcoming in the new, but before that, we will be taking the chance to reflect on some of the main events of the task 12 months. >> in europe, it was all about the debt crisis. greece and spain were the worst hit. >> eventually, it was the european central bank's controversial bon
will continue. >> well, from of a need to france now. ask anyone the question -- what are the french most famous for? it is likely that the answer -- well, one of the answers anyway -- would be producing wine, but a growing number of those world famous vineyards are being bought up by the chinese as a new middle class in china is starting to develop a taste for french wine. investors are seeing new opportunities in the big wine regions, and not unexpectedly, it is a development which is not popular with some of the french. >> it seems everything she turns her hand to is a success. she is one of china's biggest celebrities -- singer, model, actress -- and now honor of a prestigious french vineyard. it was in french hands for four centuries before the chinese came. in china, red wine has become the latest new thing, and increasing numbers of chinese are heading to france to invest in their very own vineyard. >> i tried several other lines before, but when i came here, everything was just right -- the building, the surroundings, everything. i fell in love with the place straightaway, and the wine.
be involved. france on the other hand -- france and spain leading the charge, saying that this must be done now. financial markets are being very good and not panicking, but if they see continued failure of eurozone finance ministers to agree to this, we might get the restoration of finance of duties, which of costa much trouble in recent years. the deadline for agreeing is no overarching bank advisory super body is meant to be in place on january 1. it does not look likely, and a lot of frustration at this meeting today with the sides deeply divided and no sign of agreement. that, of course, is the basic issue -- why has there not an overarching supervisory control? precisely because it was difficult to do then. the eurozone crisis highlighted that failure, and we've still got the same problems blighting the regular meetings of finance ministers. >> despite the eurozone crisis, german exports are still robust. >> we will have the latest on the german export data later on in the program, but first, in britain, the duchess of cambridge is said to be feeling a little bit better after spending
is the circus. one family in france is one of service performance. they call their show the gypsy service, and they combine traditional acrobatics with the bittersweet melancholic tunes of nomadic life. >> he begins the day with music and the bible. like many roma, he is a devout christian. >> the word of god brings peace to my heart. i believe god gives me strength and the talent to play. it was a gift from heaven. i never had any musical lessons in my life. never ever. >> the circus man's are parked at the edge of the city along the river that divides rich and poor. vasily is proud to belong to what is called the traveling full. this is the circus director, although he says titles mean little to him. decades ago, he found it an old school style traveling gypsy service. he uses the term gypsy, and if that is a provocation for some, he does not care. >> we are like the indians and the amazon or nomadic peoples. there are no less the world over, and everywhere, they have a bad reputation. everything is done to make nomads put roots down in one place. >> he says that is just what has harmed
the economic outlook amid uncertainties in europe and china. >>> some encouraging words from france's central bank chief about the eurozone economy. he says it's gradually regaining market confidence. bank of france governor christian noyer spoke in tokyo on monday. he said concerns over europe's debt crisis have now eased somewhat. >> the ures financial situation has improved over the past few months. long-term bond yields are long-term bond yields are falling sharply in spain, for instance, and showing positive signs, among others, that point to a gradual return of confidence to the euro area. >> noyer noted borrowing costs for spain, france and other countries in the region have declined that he pointed out is due in part to a european central bank program to buy bonds of debt-ridden nations. the governor also said a stable bond market is necessary for every central bank to implement effective monetary policy. >>> most nuclear powers plants in japan are offline after last year's disaster. another energy-saving campaign is now under way to avert power shortages this winter. the government a
figures from france are not encouraging. the french office of -- statistics office says the jobless rate rose to 10.3% in the third quarter of 2012, a 13- year high. youth unemployment remains at a particular problem -- nearly a quarter of adults under the age of 25 are without a job. that is the highest rate since youth unemployment statistics were introduced in 1999. turning to the markets now, that news from the european central bank was not all gloomy. our correspondent sent us this update from the frankfurt stock exchange. >> in his press conference in frankfurt, the ecb president also said that he expects inflation in the eurozone to fall below 2% next year, which means price stability, and it also means that the door for more interest rate easing by the ecb remains open, something that the stock market should profit from. this thursday also brought along very positive data from the german economy. the german manufacturing sector posted a significant increase of factory orders in october. something which gives hope for the industrial production in the months to come, and it also gi
or medicine, physics, chemistry, and economics went to eight winners from the u.s., japan, france, and britain. >> the nobel prize for economics was jointly awarded to allan ross and lloyd shapley for their work on matching supply and demand -- alvin roth and lloyd shapley for their work on matching supply and demand. 89-year-old lloyd shapley, professor emeritus at the university of california, received a standing ovation. >> while the eu is celebrating winning the nobel peace prize, one of its largest member states has been plunged into crisis. >> first data appeared that italy was facing the prospect -- first, it appeared that italy was facing the prospect of uncertainty as mario monti appeared to be on the prospect of resigning. that pushed the stock market into a downward slide. >> in the last couple of hours, prime minister mario monti has come out and said he is not planning to step down in the near future after all, and that the nervous reaction in the markets should not be dramatized. >> investors are already nervous about what mario monti's early departure could spell for the eurozon
coming in across the western british aisisles ann towards france and spain. this is going to be rain rather than snow getting warmer here. the frigid air to the east. tomorrow on your thursday, 2 degrees in london. 1 degree in paris but in to friday the temperatures rebound to averages. about 11 degrees for you in london so it's feeling warmer i should say. out towards the east, we have plenty of sub zero temperatures for the highs. minus 5 in stockholm. minus 5 in warsaw and minus 3 in vienna. i'll leave you now with your extended forecast. >>> we're back in 30 minutes with more of the latest. i'm gene otani in tokyo.
. >> the filmmaker's daughter was allowed to travel to france, standing with eu leaders to take the prize that her father could not collect himself. >> wednesday is a special day for many couples around the world to have chosen december 12, 2012, as their wedding date. >> 12 pairs of brides and grooms tied the knot at one ceremony in hong kong. for the chinese, the number 12 has another special meaning. it symbolizes unity. 12/12/12 is a pretty easy date to remember, so there is no excuse to forget your anniversary. you are already married. >> i married on friday the 13th. >> also not an easy anniversary to forget. >> see you soon. captioned by the national captioning institute --www.ncicap.org--
confidence and trust in the eurozone. >> countries like france and italy have pat -- have pushed for a speedy resolution. banking supervision paves the way for a direct supervision -- direct injection into ailing banks. >> it is no longer the sole responsibility of the member states. rather, all of europe will step in. >> but president hollande did not get everything on his wish list. germany insisted that smaller banks, which make up a large part of its banking system, be overseen by national authorities, and it got its way. >> it is important to have a clear division between banking supervision and monetary policy. >> the supervisor will begin work in march, 2014, and be responsible for banks holding more than 30 billion euros in assets. the deal should ensure european taxpayers no longer have to foot the bill when financial institutions find themselves in trouble. >> i'm very satisfied. contrary to expectations, the 27 finance ministers have managed to save the european council. >> as for the question of who will succeed john graja and kurt as head of the eurozone, that is something member
assesd.d. he f f f f f f should be hired if necessary. andre-claude lacoste is the former head of france's nuclear authority. he say prior to the fukushima accident, the operators only implemented the safety measures that were legally required. he said it's dangerous for plant operators to rely only on state regulations and that they should be encouraged to voluntarily enhance safety. the chairman of the nuclear regulation authority says he's not satisfied with the safety awareness level in japan's nuclear plants. shunichi tanaka says the country must boost those measures by listening to the advice of foreign experts.>>>>>>>>>>>>>>> criticism of this week will be taken as a more than 100,000 celebrated the launch in pyongyang, including officials from the korean workers party and military. the party secretary said claims by the u.s. and other parties that the rocket is ballistic missile is false. it has been released and is orbiting earth. south korean officials say it had an estimated range of 10,000 kilometers, enough to reach the u.s. west coast. >>> south korean forces have retrieved
in italy, spain, and france proved especially wary. only britain bucked the trend with a rise in new car sales. a decade it has been since the inclusion of the german media empire. the state appellate court in munich today ruled that deutsche bank must pay damages to the heirs of the deceased mogul. >> the court ruled that the former ceo of deutsche bank, seen here, was responsible for the collapse of the world's largest licenser of film rights. in an interview, this credit worthiness was question, driving the conglomerate into bankruptcy. damages are expected to range anywhere from 120 million euros to 1.25 billion euros. it was also a big topic at the frankfurt stock exchange today. our market correspondent gave us this report from the trading floor. >> for the deutsche bank, this verdict is more than just a verdict because it weighs heavily on the image of germany's biggest bank. also because of the fact that the trial is not the only one that the deutsche bank is faced with, and some analysts are fearing now that investors might lose their confidence in dutch bank and sell their shar
across germany. for more now, we had to the franc fort -- frankfurt stock exchange. positive news on the german economy. has that brought some cheer on the floor there? >> this is indeed a very nice christmas present and a strong signal that the german economy will recover again after its winter sleep, but the dax did not make a huge step forward. the stronger than expected ifo index may prevent european central banks from lowering interest rates again. >> we have had developments also in a libor scandal that broke earlier this summer. tell us about that. >> yes, the news is very bad. ubs has to pay the record fine of 1.2 billion euros in this libor scandal and its manipulation of interest rates. some british banks also have to pay millions of euros, and also deutsche bank is involved, and it is also in focus because exactly one week ago, hundreds of policemen into a bank in search of proof of tax fraud. hsbc has to pay $2 billion in a money-laundering case. the financial industry is working very hard for its bad reputation. the german dax is up 0.3%. euro stoxx 50 up .3%, and the
Search Results 0 to 15 of about 16 (some duplicates have been removed)

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